News
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CORRECTED-FOREX-Dollar on track for worst week in four months as case for Fed cut builds
Outage on CME halts trading of many currency and interest rate toolsTraders ramp up bets Fed will cut rates on Dec 10US closed for Thanksgiving holidayJapanese economic data strengthen case for BOJ hikeSterling rallies after budget meets with market approvalBy Gregor Stuart Hunter SINGAPORE, Nov ...Reuters
Fri, Nov 28
Australian, NZ dollars set for best week in months as local yields lend support
SYDNEY, Nov 28 (Reuters) - The Australian and New Zealand dollars were set for solid weekly gains on Friday as markets bet the policy easing cycles in both countries could be over while the Federal Reserve is widely expected to cut rates next month. The Aussie AUD=D3 steadied at $0.6536 but was head...Reuters
Fri, Nov 28
USD/CAD posts modest gains above 1.4000 on lower crude oil prices
The USD/CAD pair posts modest gains near 1.4030 during the Asian trading hours on Friday. The potential upside for the Greenback might be limited as traders ramped up bets for further monetary easing from the US Federal Reserve (Fed) next month.
Fxstreet
Fri, Nov 28
EUR/USD steady around 1.1600 as subdued trade highlights Dollar pressure
EUR/USD is flat on Thursday amid thin trading liquidity conditions as US markets are closed for Thanksgiving. Still expectations that the Federal Reserve might reduce borrowing costs keep the Greenback pressured, with the Euro poised to end the week with gains. The pair trades at 1.1596.Fxstreet
Thu, Nov 27
FX Today: Focus shifts to inflation data in Japan and Germany
The US Dollar (USD) navigated an inconclusive range near recent lows, as volatility remained scarce and trade conditions thin in light of the Thanksgiving Day holiday on Thursday. In the meantime, expectations for another rate cut by the Federal Reserve in December remained well in place.Fxstreet
Thu, Nov 27
Central bank body BIS warns of hedge fund leverage in government bond markets
By Marc JonesLONDON, Nov 27 (Reuters) - The new head of the Bank for International Settlements has said reining in hedge funds' ability to make highly leveraged bets in government bond markets should be a key priority for policymakers given rapidly increasing public debt levels.Pablo Hernández d...Reuters
Thu, Nov 27
